SPECIAL NOTE: An understanding of economics or finance is not required for the unit
Spanning more than 500 years, from the Middle Ages to the present, this unit will explore the financial and economic history of the Western world and seek to explain the processes of economic growth and its impact on ordinary people. The unit will not require complex knowledge of economic concepts and thought, and instead an emphasis will be placed on providing students with an understanding of how economic changes facilitated social change and impacted on society and everyday life throughout history. The unit will explore topics such as how trade shaped and connected the early-modern world; Tulip Mania in the 17th century and how popular delusions can lead to economic bubbles; the relationship between economic crises and the emergence of "black markets" and new social characters like the tax dodger; the social reaction to taxation; the "moral economy" and how ordinary people intervened in the economy; and the social impact of economic depressions. Through these topics, the unit will provide historical context to contemporary issues like the global financial crisis, globalization, and the prospects of growth in the developing world.
Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
Campus - H Hobart, L Launceston, W Burnie. Study Centre - V Sydney, R Rozelle, P Beauty Point. Distance units may also have a campus identifier of I Isolated, N Interstate, O Overseas. Units delivered in Transnational Education (TNE) Programs have a campus identifier of A Hangzhou, F Fuzhou, G Shanghai, K KDU Malaysia, Q Kuwait or Y Hong Kong.